VANCOUVER, Aug. 24, 2017 /CNW/ - American Potash Corp, ( the "Company") (CSE:AMP) is pleased to provide an operations update on its two Li Brine exploration projects located in southeast Utah and southwest Colorado.
The AMP technical team has prepared a preliminary operations plan for drilling two brine exploration wells on the Utah Lithium property as provided for under the previously released joint venture agreement with Power Metals (August 2, 2017). The plan includes developing budgets and time lines for well design, permitting, an internal exploration plan, drilling operations, and technical contractor selection. Additional research continues to determine best geophysical logging and sampling protocols and to refine targeting concepts.
A work program has also been designed to evaluate the Colorado Lithium Properties. Well log and production data is to be acquired from the Colorado Oil and Gas Division and other public sources to interpret geology, construct sections, and identify potential brine-hosting stratigraphy. The AMP Colorado Lithium Properties encompass approximately 110 oil and gas wells in the Southeast Lisbon and Andy's Mesa fields. The objective of the current work program is to provide a geologic analysis necessary to produce recommendations for new brine exploration drilling or possibly sampling shut in wells in one or both fields.
